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Dec 9, 2012
12/12
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first, the bad news, it is just tweet days until the fiscal cliff deadline. the good news, only 17 days the mayans say we're all going to die so who cares about the fiscal cliff! exactly. >> we would like to announce we have reached an agreement to avoid a fiscal cliff. in order to get the support of the speaker, i agree there will be no tax increases. i repeat, zero tax increases. now, why would i do that? i mean, i won the election. ( laughter ) i have the leverage. why give in? well, simply put-- i felt sorry for this man. >> is there a prospect for a deal? >> there's not a prospect for a deal. >> of course! it. >> the ongoing talks. >> there aren't even very many talks going on. ( laughter ) >> you're kidding us! give us something! >> but for the first time, there are numbers on pieces of paper from both sides. >> numbers on paper! ( cheers and applause ) ( laughter ) >> schieffer: that is our "face the nation" flashback. one note to major garrett. major, i was here 10 years before people thought i was important enough, and you are off to a fine start. >>
first, the bad news, it is just tweet days until the fiscal cliff deadline. the good news, only 17 days the mayans say we're all going to die so who cares about the fiscal cliff! exactly. >> we would like to announce we have reached an agreement to avoid a fiscal cliff. in order to get the support of the speaker, i agree there will be no tax increases. i repeat, zero tax increases. now, why would i do that? i mean, i won the election. ( laughter ) i have the leverage. why give in? well,...
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Dec 5, 2012
12/12
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>> it's all about fiscal cliff, but today we got a piece of market moving news. the real lever at these banks right now is cost cutting. we got a very big announcement. if you listen to the presentations at goldman's financial services conference, you heard cost cutting as a theme across the board. you thaerd at bank of america. you heard it at pnc. of course, citi, the granddaddy of them all with 11,000 job cuts, really moves the needle. that will help earnings quite a bit next year. >> it's amazing. you see this rally in the financials, yet it's because people are being cut right before christmas, and that's unfortunate. >> you know how wall street works. it's all about the bottom line. >> how about business? not just wall street. >> wall street is all about the bottom line. i like to see this cost cutting that's taking place to increase earns and profitability. i also simultaneously want to see some top-line growth as well. i think that the banks are if search of some more top-line growth with different product performances. i kiepds of like more of the region
>> it's all about fiscal cliff, but today we got a piece of market moving news. the real lever at these banks right now is cost cutting. we got a very big announcement. if you listen to the presentations at goldman's financial services conference, you heard cost cutting as a theme across the board. you thaerd at bank of america. you heard it at pnc. of course, citi, the granddaddy of them all with 11,000 job cuts, really moves the needle. that will help earnings quite a bit next year....
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new one two and a half years ago two men former u.s. senator alan simpson are republican and former white house chief of staff for president clinton erskin bowles a democrat came up with a possible solution what they came up with is known to those even outside of the ball outside the beltway as the simpson bowles or the bull simpson plan depending on which way you see it and despite falling short of passing it off and took center stage and talks about the economy for most of the year expression leave during the presidential campaign governor what about simpson bowles you support simpson bowles simpson bowles the president should have grabbed that i mean do you support some simple i have my own plan it's not the same as in symbols but in my view the president should have grabbed it if you want to make some adjustments to that take it go to congress fight for it that's what we've done made some adjustments to it and we're putting it forward before congress right now but even though you everyone now has now heard of the plan very few peopl
new one two and a half years ago two men former u.s. senator alan simpson are republican and former white house chief of staff for president clinton erskin bowles a democrat came up with a possible solution what they came up with is known to those even outside of the ball outside the beltway as the simpson bowles or the bull simpson plan depending on which way you see it and despite falling short of passing it off and took center stage and talks about the economy for most of the year expression...
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Dec 6, 2012
12/12
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we had another fiscal cliff types of new with the debt limit to create a center that led to this ridiculous idea that i voted against that let's put a bunch of bad things to happen at one time because that will force washington to do something. surprise, it didn't work. here we are again. so we have to issues. number one is an immediate term to avoid doing damage. that's to avoid doing harm. so we need to look for a way to accomplish that in the short term. then we have had a conversation about getting the fiscal house in order it's just fundamentally true. we spend a trillion dollars a year more than we take in to assist attack. i approached this issue that the only way we can get that in order is to rapid economic growth. there's no taxes to raise. what the presidential post does not raise enough revenue, but it will make a dent on job creation, particularly middle-class job creation. so that's why i oppose this blanket instead i think we should do real tax reform. if there are loopholes, there's a loophole for being able to write off your yacht of your second home in interest. let's go a
we had another fiscal cliff types of new with the debt limit to create a center that led to this ridiculous idea that i voted against that let's put a bunch of bad things to happen at one time because that will force washington to do something. surprise, it didn't work. here we are again. so we have to issues. number one is an immediate term to avoid doing damage. that's to avoid doing harm. so we need to look for a way to accomplish that in the short term. then we have had a conversation about...
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Dec 6, 2012
12/12
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by the fiscal cliff. how much pressure does this additional pressure put on republicans, seeing chris christie show up at the white house knowing that he needs money for his hard-hit state? >> it's a tremendous amount of pressure. part of what the strategy of think of what we're see hearing is the republicans are becoming increasingly isolated. you think about the discharge position. essentially even if they don't sign on to it, the point is they're going to own this mess. they're the ones who are seen to be, as the public suggests, not willing to make a deal. it is not unreasonable. we've all seen those horrifying images from the devastation of hurricane sandy. it's not unreasonable the governor of the state of new jersey would come and say i need help. americans are going to see that. they see the republicans becoming increasingly sort of isolated and, again, it becomes this question of why are you holding the rest of us hostage for the top 2%? so the problem for the republicans is they don't have a lot
by the fiscal cliff. how much pressure does this additional pressure put on republicans, seeing chris christie show up at the white house knowing that he needs money for his hard-hit state? >> it's a tremendous amount of pressure. part of what the strategy of think of what we're see hearing is the republicans are becoming increasingly isolated. you think about the discharge position. essentially even if they don't sign on to it, the point is they're going to own this mess. they're the...
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Dec 6, 2012
12/12
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on the fiscal cliff. judge andrew napolitano. fox news senior judicial analyst. juan williams, columnist with tannehill. byron york from the "washington examiner." judge, what do you make of this? we had back and forth and we talk about this every day. every day there are developments. >> the president insistence on raising tax rate is reprehensible and violates economics 101. raising tax rates will not necessarily produce more revenue. the president is more interested to punish the rich and perceived reward for base. doesn't put more money in the federal treasury. the republicans give in to this in spirit of compromise, i respect alan simpson. but this is a time for the republicans to say no to spending no, borrowing. no to taxes. do you any any republicans sent to congress to facilitate the president spending to us oblivion? they no. or they will be sent home. >> president feels like he was elected on a campaign where he mentioned on the stump many times, raising tax rates. >> i understand that. >> but under our system the congress writes the law and president
on the fiscal cliff. judge andrew napolitano. fox news senior judicial analyst. juan williams, columnist with tannehill. byron york from the "washington examiner." judge, what do you make of this? we had back and forth and we talk about this every day. every day there are developments. >> the president insistence on raising tax rate is reprehensible and violates economics 101. raising tax rates will not necessarily produce more revenue. the president is more interested to punish...
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melissa: for a moment forget what you're hearing to avoid the fiscal cliff, balance the budget and decrease the deficit. there is a new idea, new, being floated by a powerful group of democrats that claims to overhaul the tax code with a huge payoff. who wouldn't like that? the plan purports to raise an additional 1.8 trillion dollars over the next 10 years, that is 200 dal billion more than the president proposed andd3 trillion more than the republicans in congress support. we want to get to the bottom of it on "money." here to crunch the numbers, michael lind den from the center for american progress which is the group that devised the plan. we have mary katharine ham, fox news contributor. thanks to you both for joining us. michael, since you're one of the men behind the plan, i want to go to first. break it down for me. how do you get there? >> well the basic idea we'll simplify the tax code. we're going to get rid of some of the deductions that currently benefit, they more benefit high income individuals than middle income individuals. we'll turn those into credits that will be flatter
melissa: for a moment forget what you're hearing to avoid the fiscal cliff, balance the budget and decrease the deficit. there is a new idea, new, being floated by a powerful group of democrats that claims to overhaul the tax code with a huge payoff. who wouldn't like that? the plan purports to raise an additional 1.8 trillion dollars over the next 10 years, that is 200 dal billion more than the president proposed andd3 trillion more than the republicans in congress support. we want to get to...
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Dec 6, 2012
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support than the rank and file before, in fact, giving him flexibility to cut a fiscal cliff deal. the first read team is asking the question how big of a deal will we see? governor christie meets with president obama this time at the white house, and it is just one of the things we thought you should know. be sure to check out our "news nation" tumblr page. you find behind the scenes pictures, and thank you for checking it out and liking our pictures. ♪ ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids
support than the rank and file before, in fact, giving him flexibility to cut a fiscal cliff deal. the first read team is asking the question how big of a deal will we see? governor christie meets with president obama this time at the white house, and it is just one of the things we thought you should know. be sure to check out our "news nation" tumblr page. you find behind the scenes pictures, and thank you for checking it out and liking our pictures. ♪ ♪ [ male announcer ]...
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cliff the question of what to do about the struggling economy is certainly not a new one two and a half years ago two men former u.s. senator alan simpson a republican and former white house chief of staff for president clinton erskine bowles the democrats came up with a possible solution what they came up with is this it's known as the to those outside of the beltway as the simpson bowles of the bowles simpson is plan whichever way you want to see it and despite falling short of passing it often took center stage and talks about the economy for the most part of the for the most of this year especially during the presidential campaign governor what about simpson bowles support simpson bowles simpson bowles the president should grab that i mean do you support some symbol i have my own plan it's not the same as simpson bowles but in my view the president should have grabbed it if you want to make some adjustments to it take it go to congress fight for it that's what we've done made some adjustments to it and we're putting it forward before congress right now but even though most have now
cliff the question of what to do about the struggling economy is certainly not a new one two and a half years ago two men former u.s. senator alan simpson a republican and former white house chief of staff for president clinton erskine bowles the democrats came up with a possible solution what they came up with is this it's known as the to those outside of the beltway as the simpson bowles of the bowles simpson is plan whichever way you want to see it and despite falling short of passing it...
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investors appeared optimistic about avoiding the fiscal cliff after president obama suggested that a deal could be reached in about a week. >>> the government issues a new warning about reverse mortgages. those are mortgages that give senior citizen homeowners an immediate cash payment in exchange for future equity. today, the obama administration will recommend congress prohibit large lump sum payments for reverse mortgages. and it will recommend that seniors be very careful before signing one. >>> a new starbucks store is likely coming soon to a neighborhood near you. the coffee giant plans to over 1,500 more cafes over the next 5 years. another 1,500 stores are planned for canada and latin america. starbucks has expansion plans in china and for its product line sold in grocery stores and other vendors. >>> your smartphone will soon be able to send how your feeling and respond proeply. it uses voice features. it was successful about 80% of the time in correctly identifying the emotion. rob, can you tell my emotion right now? >> you sound happy and wide-awake. >> i'm very happy. >>
investors appeared optimistic about avoiding the fiscal cliff after president obama suggested that a deal could be reached in about a week. >>> the government issues a new warning about reverse mortgages. those are mortgages that give senior citizen homeowners an immediate cash payment in exchange for future equity. today, the obama administration will recommend congress prohibit large lump sum payments for reverse mortgages. and it will recommend that seniors be very careful before...
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Dec 11, 2012
12/12
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everybody thinks we are going to get together and not let the country go over the fiscal cliff, which, of course, in all common sense and sanity that's what we would do. we have to act. we're on automatic here. you know that. right now i can feel the contrary happening. in both caucuses and the senate, people are beginning to to the inside interest groups so the democrats say don't touch entitlement programs and republicans say i won't support -- >> neil: that's what i'm hearing. driving it further apart. >> yeah, you not going to make it happen that way. there is beginning to be -- there are two conspiracy theories now. one is that the leaders won't mind if the country goes over the cliff because they'll come back under that pressure and negotiate a deal in january. that is high risk, russian roulette. >> neil: your own gut tells you what? >> my gut is not sending me a clear signal now. i felt all along in the final analysis, the congress would not let the country go over the cliff because consequences could be disastrous. we might do it by doing nothing. we might move a goalpost and
everybody thinks we are going to get together and not let the country go over the fiscal cliff, which, of course, in all common sense and sanity that's what we would do. we have to act. we're on automatic here. you know that. right now i can feel the contrary happening. in both caucuses and the senate, people are beginning to to the inside interest groups so the democrats say don't touch entitlement programs and republicans say i won't support -- >> neil: that's what i'm hearing. driving...
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our very own neil cavuto bringing his fiscal cliff news straight ahead. you're looking at gold, lots of it jumping into gold and silver% as a safe haven. actual bars of gold. help investors get in on the action. melissa: we have been talking about it on fox business, the next great government bailout. going to save the federal housing administration. time for stocks as with every 15 minutes, let's had before the new york stock exchange, nicole petallides standing by. down 13. nicole: this is one of those markets with a lot of anticipation. every focuses on the fiscal cliff. tomorrow is the all-important jobs report for a lot of folks have been hearing more economic news which has been more dismal lately. talk about more layoffs they have seen in november. right now the market is not too far off the unchanged line. the acidity holding 1400. the tech of the nasdaq still below 3000. today apple is now moving into the green and that is one of the reasons why it is holding on to a quarter percent gain. apple $700, 705 in september traded as low as 518 today. c
our very own neil cavuto bringing his fiscal cliff news straight ahead. you're looking at gold, lots of it jumping into gold and silver% as a safe haven. actual bars of gold. help investors get in on the action. melissa: we have been talking about it on fox business, the next great government bailout. going to save the federal housing administration. time for stocks as with every 15 minutes, let's had before the new york stock exchange, nicole petallides standing by. down 13. nicole: this is...
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Dec 6, 2012
12/12
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in the midst, and we'll talk about the fiscal cliff in a minute, about the midst of the fiscal cliff and who's doing what, this is a huge news story, dropped on capitol hill that seemed to take everybody by surprise. what's the reaction up there. >> reporter: the pieces that are less sprying look at the fact that republicans failed to reclaim majority, that always has an influence on how much power senators think they have if they're among the minority. jim demint said he would not seek another term. at some point there was a plan for him to forecast his future. the timing of doing it right now certainly caught people by surprise. but it also is a point where it tells you that he feels comfortable that the voice of objection on some things has been the seed has been filled here. he's got a mike lee of utah, rand paul of kentucky, who can fill some of the void that he would be leaving. it really is also, perhaps, good news for someone like mitch mcconnell, he can with his own reelections coming up not have the counterweight of jim demint's considerable presence within the chamber. so
in the midst, and we'll talk about the fiscal cliff in a minute, about the midst of the fiscal cliff and who's doing what, this is a huge news story, dropped on capitol hill that seemed to take everybody by surprise. what's the reaction up there. >> reporter: the pieces that are less sprying look at the fact that republicans failed to reclaim majority, that always has an influence on how much power senators think they have if they're among the minority. jim demint said he would not seek...
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still ahead on "starting point" a little movement on the fiscal cliff with new proposals on the table from both sides. going to talk about that. some conservatives say they think boehner should step away from the negotiating table. we'll talk to tennessee congresswoman marcia blackburn about that. >>> a viewer writes to a black meteorologist saying she needs to grow hair or wear a wig. it's not something i think looks good on tv so she responded on facebook very nicely said something at the end "have a nice day," got her fired. we'll talk about her story, when we return, in just a moment. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world u
still ahead on "starting point" a little movement on the fiscal cliff with new proposals on the table from both sides. going to talk about that. some conservatives say they think boehner should step away from the negotiating table. we'll talk to tennessee congresswoman marcia blackburn about that. >>> a viewer writes to a black meteorologist saying she needs to grow hair or wear a wig. it's not something i think looks good on tv so she responded on facebook very nicely said...
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cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve the rates going up on the top 2%. >> "the new york times" reports that senior republican leadership aides are contemplating a fall-back position on a fiscal deal. they could foresee taking up and passing legislation this month to extend the tax cuts for the middle class and then resume the bitter fight over spending and taxes as the nation approaches the next hard deadline. it's statutory borrowing limit which could be reached in late january or february. speaking to a business roundtable, president obama responded to that idea this way. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again, as part of a budget negotiation, which by the way we have never done in our history until we did this it last year, i will not play that game. >> john boehner and house republican leadership met with small business owners today to t
cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve the rates going up on the top 2%. >> "the new york times" reports that senior republican leadership aides are contemplating a fall-back position on a fiscal deal. they could foresee taking up and passing legislation this month to extend the tax cuts for the middle class and then resume the bitter fight over spending and taxes as the nation approaches the next hard deadline. it's statutory...
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Dec 10, 2012
12/12
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even if we go over the fiscal cliff, we need a bigger plan because it does not even balance the budget. i don't think we really have a supply-side problem. they talk about cutting taxes on the right and i think there are so many people out of work and i think you need to get these people to work. i just think we have a demand issue, not a supply issue. if you're out of work, you cannot pay taxes. guest: he is exactly right -- no one is talking about a fiscal cliff that will solve the problem. there is no grand bargain being discussed except in the most general outline terms. there is enough to be -- nothing close to being politically acceptable. we're only talking of something of that will allow people to get through this. in the short term, we need to have fiscal policy that may get the deficit higher than what it would be. ben bernanke was saying the deficit could be cut too far and too fast at the same time. this has to be the time where we don't go into an austerity program. we are not quite there. if businesses are spending and consumers are spending and trade was helping, i would
even if we go over the fiscal cliff, we need a bigger plan because it does not even balance the budget. i don't think we really have a supply-side problem. they talk about cutting taxes on the right and i think there are so many people out of work and i think you need to get these people to work. i just think we have a demand issue, not a supply issue. if you're out of work, you cannot pay taxes. guest: he is exactly right -- no one is talking about a fiscal cliff that will solve the problem....
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is, let's do the fiscal cliff and the good news. and it's not very much. but at least the two sides are talking, by phone. not face to face. house speaker john boehner and the president are hoping to break the fiscal cliff ice. now we're just mixing metaphors, left and right. speaking on the phone, 26 days left, of course, until we tumble over the cliff or slide down the slope or fall off the precipice or however you want to put it. we could, of course, face massive tax hikes, spending cuts. that's what the fiscal cliff is all about. it would all start with the start of the new year. i want to get to senator jeff merkley. he's a democrat from the state of oregon. he's on both the budget committee and the banking, housing, and urban affairs committee. nice to have you with us, sir. thanks for joining us. >> you're welcome. >> thank you. before we get to fiscal cliff, let's talk a little bit about syria. there are now reports that they may be loading the components that would make up sarin gas. and i'm curious to know and i think a lo
is, let's do the fiscal cliff and the good news. and it's not very much. but at least the two sides are talking, by phone. not face to face. house speaker john boehner and the president are hoping to break the fiscal cliff ice. now we're just mixing metaphors, left and right. speaking on the phone, 26 days left, of course, until we tumble over the cliff or slide down the slope or fall off the precipice or however you want to put it. we could, of course, face massive tax hikes, spending cuts....
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>> bad news. it's bad news. fiscal cliff, end of the world apparently. >> is it a dangerous cliff? >> it seems to be. >> how do you feel about it? >> i'm a middle class woman what, do you think? >> the economy pew. >> is embarrassing. >> that's what they're paid for. >> what's going to happen if they don't? >> we're going to lose some money. [ laughter ] >> it reminds me of like something i probably learned about in school. but i'm going to guess some type of cliff, like mount avalanche cliff. >> how tall is it? >> i'd say at least like 370 some feet. [ laughter ] >> steve: very nice. >> gretchen: how about $16 trillion? >> we heard 70 different responses. we took the cliff bars out and said, is it this? is this the fiscal cliff? some people said, oh, yeah, it is. another guy said t sounds like something really gross you might eat. another person said it sounds like a movie, the fiscal cliff. >> steve: what i noticed from the sound bites that you used, it seemed like the middle class lady and the older couple knew exactly what it was. whereas some of the younger people, not so much
>> bad news. it's bad news. fiscal cliff, end of the world apparently. >> is it a dangerous cliff? >> it seems to be. >> how do you feel about it? >> i'm a middle class woman what, do you think? >> the economy pew. >> is embarrassing. >> that's what they're paid for. >> what's going to happen if they don't? >> we're going to lose some money. [ laughter ] >> it reminds me of like something i probably learned about in school. but...
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Dec 6, 2012
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WBAL
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. >>> new movement this morning to try and avoid the fiscal cliff. some republicans are considering abandoning their staunch opposition to higher tax rates according to recent reports. alan simpson was co-chair on the commission of fiscal responsibility. he's a co-founder of fix the debt campaign and joins us now. senator simpson, good morning, it's great to see you. >> great pleasure to be off the witness protection program and come here. but what even more fun, david brubeck used to come to wyoming a great deal. he and his family, lovely people. i did not know he had passed. and to hear that music, it's iconic stuff. anyway. so it's good to sneak in and get made up, try to hide my identity. >> well, it's good to have you here. you say you're in the witness protection program because you've been out there on the issue of how we fix our national deficit. as you well know, we face the fiscal cliff, a series of tax hikes and spending cuts that many people think if they go into effect will put the country into recession. yet we heard the treasury secret
. >>> new movement this morning to try and avoid the fiscal cliff. some republicans are considering abandoning their staunch opposition to higher tax rates according to recent reports. alan simpson was co-chair on the commission of fiscal responsibility. he's a co-founder of fix the debt campaign and joins us now. senator simpson, good morning, it's great to see you. >> great pleasure to be off the witness protection program and come here. but what even more fun, david brubeck...
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on the issue for the next two months, the fiscal cliff. nancy has more. >> the fiscal cliff one subject today on the network television talk shows and we rebroadcast five of them beginning with nbc's "meet the press." dick durbin and kevin mccarthy. today's guests include finance committee member tom coburn and democratic senator stabenow. share elect republican representative henserling and the co-chair. fox news sunday with chris wallace, today's sitting down with chuck schumer of new york and republican senator bob corker, a member of the senate banking committee. also today, the israeli ambassador to the u.s. talking with managing director of the imf, christine lagarde. at 4:00, "face the nation." bob schieffer talks with alan simpson and erskine bowles, co-cahairs, and cory booker. they're all brought to you as a public service by the networks. they begin at noon with "meet the press." 1:00, abc's "this week." and 4:00, "face the nation" cbs. listen on 90.1 in the d.c. area and satellite channel 119. you can listen on your smartphone
on the issue for the next two months, the fiscal cliff. nancy has more. >> the fiscal cliff one subject today on the network television talk shows and we rebroadcast five of them beginning with nbc's "meet the press." dick durbin and kevin mccarthy. today's guests include finance committee member tom coburn and democratic senator stabenow. share elect republican representative henserling and the co-chair. fox news sunday with chris wallace, today's sitting down with chuck...
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Dec 8, 2012
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year. >> to avoid the fiscal cliff, we will be cut between the week between christmas and new years. >> we go over the cliff and get a deal right after new years. >> mort? >> the economy is going to be very weak despite the solution on the fiscal cliff. >> ryan is right on the cliff, by the way. i predict the
year. >> to avoid the fiscal cliff, we will be cut between the week between christmas and new years. >> we go over the cliff and get a deal right after new years. >> mort? >> the economy is going to be very weak despite the solution on the fiscal cliff. >> ryan is right on the cliff, by the way. i predict the
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year. >> to avoid the fiscal cliff, we will be cut between the week between christmas and new years. >> we go over the cliff and get a deal right after new years. >> mort? >> the economy is going to be very weak despite the solution on the fiscal cliff. >> ryan is right on the cliff, by the way. i predict the captioning by vitac, underwritten by fireman's fund >>> an unprecedented surrender. the oakland police department gives up authority to a court appointed director. is it enough to avoid a federal takeover? california schools are poised for a tidal wave of money, nearly $3 billion over 5 years. to make schools greener. a bleak future for african-american school-aged boys. it's one of several alarming findings of a legislative committee study. >>> plus, a conversation with an education
year. >> to avoid the fiscal cliff, we will be cut between the week between christmas and new years. >> we go over the cliff and get a deal right after new years. >> mort? >> the economy is going to be very weak despite the solution on the fiscal cliff. >> ryan is right on the cliff, by the way. i predict the captioning by vitac, underwritten by fireman's fund >>> an unprecedented surrender. the oakland police department gives up authority to a court...
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Dec 10, 2012
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jenna: a new information on the fiscal cliff crisis. easy enough for me to say. the fiscal cliff crisis and what going off it could actually mean for us. there seems to be little disagreement what this is all about. take a listen. >> when you're addicted to debt, 16 trillion bucks and you're in the hole, one trillion, and the markets will jump in and nobody will know when that is. the tippingpoint was always described by dick durbin, when will it happen? when it happens interest rates will go up, inflation will go up and guy that gets hurt the worst is the little guy. >> i think the overhyping of deficit, the deficit mania that is seized this town is kind of crazy. i mean i love alan simpson and erskine bowles, they're talking about inflation at a moment when people are paying us money to invest in our treasury bonds? jenna: charles payne, fox business network. he has his own list what we should worry about, charles, who is right here? >> reporter: i got to tell you the idea people are giving us money, america to our treasury bonds doesn't necessarily mean it is
jenna: a new information on the fiscal cliff crisis. easy enough for me to say. the fiscal cliff crisis and what going off it could actually mean for us. there seems to be little disagreement what this is all about. take a listen. >> when you're addicted to debt, 16 trillion bucks and you're in the hole, one trillion, and the markets will jump in and nobody will know when that is. the tippingpoint was always described by dick durbin, when will it happen? when it happens interest rates...
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Dec 7, 2012
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fiscal cliff. >> coach ryan has a problem. three quarterbacks. sanchez and tim tebow and a guy by the name of alcorroy. he can't decide who is the quarterback going to be. >> brian: minority leadership mitch mcconnel >> no doubt about who the quarterback is on the democratic side it is the president of the united states . unfortunatelyy he keeps throwing interceptions. and we are moving back ward. >> brian: nfl network all politics. mark san ford will start. he did the sports cast with his hands in the back pocket. since then you are the friend. what is constance up to. >> gretchen: wow, and you get to sit in the center of the couch. >> good to see you. >> gretchen: do you feel an ination. >> brian: that's my normal. >> gretchen: either approximate mine or brian. >> kind of warm and can have they. >> you were going to say small. >> brian: as he said. he has a bigger butt than me. you have something serious though to talk about. not only your great career but something happened in late october that people are forkneting about. >> everybody talked
fiscal cliff. >> coach ryan has a problem. three quarterbacks. sanchez and tim tebow and a guy by the name of alcorroy. he can't decide who is the quarterback going to be. >> brian: minority leadership mitch mcconnel >> no doubt about who the quarterback is on the democratic side it is the president of the united states . unfortunatelyy he keeps throwing interceptions. and we are moving back ward. >> brian: nfl network all politics. mark san ford will start. he did the...
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Dec 6, 2012
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talking fiscal cliff we think. that's next. >> i --. >> [inaudible]. >> i did not understand his statement in the way you characterized it. i think the way i heard it and way i think it was not as a threat we'll go over if they don't, it was a prediction if there is no agreement, then, the fiscal cliff has to be dealt with. but i didn't see it as if they don't do this we do that. i saw it as a statement of fact. it is not a threat. it is a prediction. if there is no agreement, go over the cliff. let's hope we can have an agreement. jon: those remarks just into our fox newsroom from house minority leader nancy pelosi moments ago saying republicans are avoiding the conversation on the fiscal cliff. meantime we're awaiting new reaction from white house press secretary jay carney. there is a live look at the podium in the west wing. you can see it is empty right now. jay carney should be stepping up to the microphone momentarily and we expect the topic a is going to be the fiscal cliff and the white house position on i
talking fiscal cliff we think. that's next. >> i --. >> [inaudible]. >> i did not understand his statement in the way you characterized it. i think the way i heard it and way i think it was not as a threat we'll go over if they don't, it was a prediction if there is no agreement, then, the fiscal cliff has to be dealt with. but i didn't see it as if they don't do this we do that. i saw it as a statement of fact. it is not a threat. it is a prediction. if there is no agreement,...
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Dec 6, 2012
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part of the new year, there's not a solution early that deals not only with the fiscal cliff but also the fiscal abyss, that he expect this is to start affecting hiring plans for 2014, as well. is that a serious concern for your manufacturing base at this point? >> i think it is a very serious concern. we did a survey, a study a couple months ago called fiscal shock. and it showed that we've already seen a 0.6% contraction in the economy because of manufacturers concerns about the fiscal cliff that's coming up. and the report also showed that if we go over the cliff, meaning if we just go over it in the first few days of next year, that we could have a 13% cumulative contraction in the gdp between now and 2015. and 6 million jobs lost. now, a lot of those will come from small and medium sized manufacturers who just aren't willing to take the risk, but i think you're talking to doug in a little bit and larger companies like caterpillar and doug is the incoming chair of the national association of manufacturers, companies like caterpillar rely on those supply chains. so they want to mak
part of the new year, there's not a solution early that deals not only with the fiscal cliff but also the fiscal abyss, that he expect this is to start affecting hiring plans for 2014, as well. is that a serious concern for your manufacturing base at this point? >> i think it is a very serious concern. we did a survey, a study a couple months ago called fiscal shock. and it showed that we've already seen a 0.6% contraction in the economy because of manufacturers concerns about the fiscal...
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Dec 13, 2012
12/12
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we have breaking news. this involves fiscal cliff. house speaker john boehner plans to fly home to ohio tomorrow. his spokesperson says, this is a quote. the president has both cell phone numbers and ohio has both cell phone service in the airports. if the president wants to talk to me it won't be a problem. lori: a little snarky. adam: two jilted lovers in a fight. reunited and it feels so good? that was peaches and herb. shibani joshi is talking about how apple is trying to save face with its map debacle and google will do it for them. >> jilted lovers and talking about reuniting, that is what google and apple are doing here. we talked about the sort of backlash apple received after kicking out google maps. google maps unveiling a new app that brings the two together. top download today. 11,500 reviews and four stars. users are in love. i missed you, please don't ever leave again. adam: why is that? >> they scale them. different user interface. there is different coding necessary. it will come. just not out available. adam: why not
we have breaking news. this involves fiscal cliff. house speaker john boehner plans to fly home to ohio tomorrow. his spokesperson says, this is a quote. the president has both cell phone numbers and ohio has both cell phone service in the airports. if the president wants to talk to me it won't be a problem. lori: a little snarky. adam: two jilted lovers in a fight. reunited and it feels so good? that was peaches and herb. shibani joshi is talking about how apple is trying to save face with its...
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Dec 6, 2012
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. >>> in washington this morning, just 26 days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, good morning. >> reporter: good morning, norah and charlie. later on this afternoon the president will travel across the potomac river to northern virginia to meet a middle-class family to make the self-evident point if the there is a deal and taxes are raised by about $2,000 they'll be happier and spend more money. that's the p.r. side of this. much more importantly, for the deal, the two key players yesterday picked up the phone. the phone call relatively brief and substantive, though details remain illusive. shorter, sources say. the last week 28-minute conversation described then as curt, direct and frank. no one with this call used such barbed words and occurred before treasury secretary tim geithner laid down this harsh fiscal cliff marker. >> if the a
. >>> in washington this morning, just 26 days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, good morning. >> reporter: good morning, norah and charlie. later on this afternoon the president will travel across the potomac river to northern virginia to meet a...
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Dec 9, 2012
12/12
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>>gregg: talks on avoiding the fiscal cliff taking on a new turn at president obama meets with the house of representatives speaker boehner at the white house. we have a live report. our political insiders are here, too. >>heather: a turn for the worse for the most bitter enemy, chavez, headed to cuba for medical treatment. we have the latest on his condition. >> a dallas cowboy player appearing in a court of laugh after a deadly crash killed his team may, josh brent could face up to 20 years behind bars. and now, live in allege in which in arlington, next. >> quiet this afternoon. the cowboys play add game this afternoon in ohio against cincinnati. just recently, they won that game. we will show you a powerful picture that came out of ohio today. jerry brown's jersey laid out on the bench there. a moment of silence, also. 24-year-old josh brent had a bond hearing in texas this morning. a judge set the bail at $500,000. the attorney is arguing that is too high. he is petitioning to have that bond reduced so it is unclear when he will get out of jail. the police say it was late friday nig
>>gregg: talks on avoiding the fiscal cliff taking on a new turn at president obama meets with the house of representatives speaker boehner at the white house. we have a live report. our political insiders are here, too. >>heather: a turn for the worse for the most bitter enemy, chavez, headed to cuba for medical treatment. we have the latest on his condition. >> a dallas cowboy player appearing in a court of laugh after a deadly crash killed his team may, josh brent could...
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Dec 6, 2012
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KRON
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concerns about the fiscal cliff and there are new news that there are no meetings. we will have more on the marcus and 15 minutes with rob black. >> waking up to a dry road ways and we are kicking off the drying trend that will last until the rest of your work week. we are dealing with dense fog and in the afternoon we may have some few breaks of sunshine. into the evening it will be partly cloudy and cool. i will show you how widespread it will be. >> the metering lights were activated a little bit early and we are saying the lace from 880 crossing. we're seeing some moving here despite their early activation. it is now up to 17 minutes. the rest of the commute shows like conditions for the east for wait. a little bit sluggish for interstate 580. we do not have any accidents to report on 1 01 southbound. >> developing news out of san francisco where a police chase in is with the suspect in jail and thousands of gallons of water on the street. kron 4 urs will tran joins us live from the same period will what happened? >> this suspect's head fire hydrants and ribozym
concerns about the fiscal cliff and there are new news that there are no meetings. we will have more on the marcus and 15 minutes with rob black. >> waking up to a dry road ways and we are kicking off the drying trend that will last until the rest of your work week. we are dealing with dense fog and in the afternoon we may have some few breaks of sunshine. into the evening it will be partly cloudy and cool. i will show you how widespread it will be. >> the metering lights were...
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Dec 10, 2012
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economy from going off the fiscal cliff in the new year. in fact, most experts believe a framework deal must be reac reached this week, most likely by thursday to give the house, ways and means and the senate finance committee several days to work the deal to legislative language. since it will be complex, likely to increase re-knew and cut entitlement spending if the lawmakers want a cost estimate with nonpartisan numbers from the congressional budget office, it would require several more days. the house g.o.p. requires that the bill be posted for parts of three days which means early next week in order for votes by the end of next week. veterans of past capital hill battles note the whip operation convincing lawmakers to vote for the legislation they barely seen will be critical. >> likely that both sides, the president and the speaker are going to have to twist arms, they are going to have to call people. they are going, you know, do anything they can to push a deal over the line. >> with christmas eve in two weeks, the president, lawmak
economy from going off the fiscal cliff in the new year. in fact, most experts believe a framework deal must be reac reached this week, most likely by thursday to give the house, ways and means and the senate finance committee several days to work the deal to legislative language. since it will be complex, likely to increase re-knew and cut entitlement spending if the lawmakers want a cost estimate with nonpartisan numbers from the congressional budget office, it would require several more...
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Dec 13, 2012
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the news nation is following the road to the fiscal cliff which now appears to be filled with craters, not just potholes. the question now, are we back to square one? >> how you feeling about a deal? optimistic? >> still a work in progress. >> ifs and ands and buts will like candy and nuts f that was the case, every day would be christmas. my goal is we get to an agreement with the president of the united states that addresses this problem. >> don't even think about raising medicare age. we are not throwing america's seniors over the cliff to give a tax cut for the wealthiest people in america. >> the president is not going to stop spending. he is proposed -- >> senator -- >> more spending. so it's hard to work with someone who i think is intentionally trying to take us over this cliff. >> he is prepared to negotiate but it is not a tenable position to say that the tax cuts for the wealthy should be made permanent. it is not gonna happen. >> as for future talks between the president and house speaker bain per, so far, none are planned and all of this comes as our new nbc news/wall str
the news nation is following the road to the fiscal cliff which now appears to be filled with craters, not just potholes. the question now, are we back to square one? >> how you feeling about a deal? optimistic? >> still a work in progress. >> ifs and ands and buts will like candy and nuts f that was the case, every day would be christmas. my goal is we get to an agreement with the president of the united states that addresses this problem. >> don't even think about...
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Dec 10, 2012
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get a droid razr m by motorola for $49.99. >>> this is fox 5 news at 10:00. >>> fiscal cliff is looming just a few weeks away and as we inch closer to the january 1st deadline, president obama and house speaker john boehner are sitting down for more negotiations. today the two met behind closed doors and focused on trying to hammer out a deal over tax hikes and spending cuts. president obama's core demand is putting the top marginal income rates back to clinton era levels after december 1st while the house speaker delivered a proposal that offered up to $800 billion in new revenue from closing loopholes and capping deductions for wealthier americans. however, democrats insist the speaker's plan is not enough. >> fox 5 political analyst mark plotkin joining us now to help sort out what went on between the president and house speaker john boehner today. it was looking pretty hopeless friday, now this, so what has actually changed? >> this is actual progress. you remember house speaker boehner said i'm here to give you a progress report. that was on friday, no progress and now they're actu
get a droid razr m by motorola for $49.99. >>> this is fox 5 news at 10:00. >>> fiscal cliff is looming just a few weeks away and as we inch closer to the january 1st deadline, president obama and house speaker john boehner are sitting down for more negotiations. today the two met behind closed doors and focused on trying to hammer out a deal over tax hikes and spending cuts. president obama's core demand is putting the top marginal income rates back to clinton era levels...
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barack obama is negotiating good the republicans how to avoid the so-called fiscal cliff it's a set of spending rises and tonks cuts that are set to take effect on the first of january and could be ruinous to the economy but does the average american see a day looming do all these new york residents try to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do you know so then why is the media talking about it incessantly well i i guess i have not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know you think most people are worried i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes it yes and no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom that and the media loves that yeah do you think there's actually somethi
barack obama is negotiating good the republicans how to avoid the so-called fiscal cliff it's a set of spending rises and tonks cuts that are set to take effect on the first of january and could be ruinous to the economy but does the average american see a day looming do all these new york residents try to find out. america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans...
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Dec 6, 2012
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. >>> in washington this morning, there are just 26 days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, gd morning. >> reporter: good morning, charlie and norah. the president will cross over the potomac into northern virginia to meet with a family who says their taxes don't go up, they'll be happier and spend more money. that's the pr side of this. much more important, the context of the deal, keet players yesterday picked up the phone. phone call relatively brief and substantive. details remain elusive. it was shorter, sources say, to last week's 28-minute conversation described them as curt, direct and frank. no one familiar with this call used such barbed words. it also occurred before treasury secretary tim geithner laid down this harsh fiscal cliff marker. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no
. >>> in washington this morning, there are just 26 days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, gd morning. >> reporter: good morning, charlie and norah. the president will cross over the potomac into northern virginia to meet with a family who says...
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Dec 11, 2012
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cliff before the holiday recess. >>> new details on a navy s.e.a.l. who died during a daring mission in afghanistan. >>> plus, a fireball over texas, and more dogs behind the wheel. good morning, even. i'm lynn berry. there is a renewed sense urgency in washington as house members returned to town today with just 21 days left to avert that so-called fiscal cliff, and if the framework for an agreement isn't reached by the end of the week, lawmakers could be spending christmas in d.c. tracie potts has those good morning. >>> the president sitting down with john boehner, the staff sitting behind closed door, but today republican members come back to capitol hill and boehner may have a problem. >> all these members are going to come back to town, and they're going to want to play a role in these negotiations. >> the house is back today. that means conservative republicans who insist the wealthy keep this year's tax breaks could put the squeeze on their own party. that's the one thing president obama refuses to bend on. otherwise he says he's flexible. >>
cliff before the holiday recess. >>> new details on a navy s.e.a.l. who died during a daring mission in afghanistan. >>> plus, a fireball over texas, and more dogs behind the wheel. good morning, even. i'm lynn berry. there is a renewed sense urgency in washington as house members returned to town today with just 21 days left to avert that so-called fiscal cliff, and if the framework for an agreement isn't reached by the end of the week, lawmakers could be spending christmas...